Bank Amar Indonesia Tbk. (AMAR)

Overview

PT Bank Amar Indonesia Tbk is a commercial bank that offers a wide range of banking products and services across Indonesia. Initially established as PT. Anglomas International Bank in 1991, it underwent a rebranding to its current name in 2014, reflecting a broader focus and commitment to serving the diverse needs of its customers. PT Bank Amar Indonesia Tbk operates through both online platforms and traditional brick-and-mortar branches, ensuring accessibility and convenience for its clients. The bank's physical presence is marked by branches in strategic locations such as Kusuma Bangsa, Wiyung, and Satrio; along with Basuki Rachmad in Surabaya and Gandaria in Jakarta. Headquartered in Setiabudi, Indonesia, the bank is a pivotal part of the financial sector and a subsidiary of Tolaram Pte., Ltd., exemplifying its significant influence and stability in the banking industry.

Products and Services

PT Bank Amar Indonesia Tbk caters to a wide array of financial needs through its diverse products and services, which include:

• Demand, Saving, and Time Deposits: Offering customers a variety of options for saving their money, with competitive interest rates and different levels of accessibility to funds for meeting the varied needs of individual savers and investors.
• Working Capital Loans: Designed to support businesses in managing their daily operational expenses, these loans provide the necessary funds to cover short-term financial gaps, ensuring smooth business operations.
• Investment Loans: Tailored for businesses looking to expand or invest in new ventures, these loans come in various forms such as installment, fixed, demand, stand by, and other multi-purpose loans, offering flexible options to support growth and development.